Grace researchers in Columbia among 3 groups offered buyout

January 29, 1994|By Timothy J. Mullaney | Timothy J. Mullaney,Staff Writer

W. R. Grace & Co. said yesterday that it will offer buyouts to employees at three corporate research facilities, including one in Columbia, as part of a plan to trim research staffs that support businesses the Florida-based conglomerate plans to exit.

The company said it hopes to cut at least 100 workers through the buyout, but indicated that more than 100 employees could be allowed to accept the offer.

The workers must let Grace know by mid-February whether they plan to accept the buyout offer. Grace declined to say what inducement it is offering employees to leave.

The three affected facilities are in Columbia; Lexington, Mass.; and Atsugi, Japan, the company said. Columbia is expected to see the biggest number of departures because, at 500 employees, it is the biggest of the three operations.

Spokesman Fred Bona said W. R. Grace plans to reduce the number of workers whose research falls outside the lines of business that Grace announced in late 1991 that it intended to concentrate on.

Among the research being cut is work on animal breeding, materials technology, automobile batteries and printing products.

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